Scotiabank taps Mexican talent for fintech accelerator
Canadian bank teams with Monterrey university for Mexico City action.
Banking
Morgan Stanley stocks up with $900m Solium acquisition
Wealthtech move marks its biggest deal since the financial crisis.
UBank releases AI loan advisor Mia
Can you put up with her “cheeky personality”?
Canadian challenger Motusbank moves in
Ontario credit union Meridian unveils its new digital bank.
Bnext aims to be Spain’s Monzo
Bright pink cards are certainly appealing.
2gether Global preps open beta beyond Spain
The “banking platform” has now released some of its promised features.
Morocco’s CFG Bank in digital banking revamp with Kony DBX
CFG’s strategy is built on “simplicity, transparency and sustainable customer relationships”.
BB&T and SunTrust $66bn merger leads to mega tech revamp
New deal is designed to keep their banking competitive.
Citi and HSBC capitalise on Capitolis FX tech
Streamlining the novation processes.
Ursa Finance bears down on UK challenger banks
UK challenger wants to de-automate banking.
SoftBank leads $440m funding round in UK challenger bank OakNorth
Plans expansion in North America.
Itau Unibanco catches criminals with AI-controlled cameras
Brazilian bank expanding pilot throughout its branches.
Announcing Genome beta launch at White Nights Berlin 2019
Genome opens for public beta in Berlin on 12 February 2019 introducing a unified finance ecosystem like no other.
Wells Fargo well and truly has banking problems
Some problems still linger for mobile and online users.
ChartIQ finds a path to $17.4m funding
US-based fintech has now raised a total of $20 million.
Deutsche Bank gets collateral tech from CloudMargin
“The first time a tier one bank will use a public cloud-based for collateral management.”
Top fintech stories this week – 8 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Innovating at scale: to compete with fast-rising challengers, banks need to gain agility
How large established financial brands can draw lessons from challenger banks’ customer-centric success.
Sohar International adds biometrics to banking app
Very few details have been revealed about the implementation.
New York’s a wonderful town for Fiserv DNA
Fiserv signs its largest core processing deal with New York Community Bancorp.
Banco Best and Credit Suisse bring DLT to fund transactions
Putting the fun in FundsDLT.
Oney Bank is Well into Wirecard for biometric payments in Romania
Consumers will be able to pay with the app in over 30 stores.
Lloyds unleashes open banking app
Follows in the wake of Barclays.
SIA blockchain sureties a sure thing in south Italy
“The first blockchain project in Italy to manage sureties.”
BBVA psyched up for $5m DataSine investment
Bank’s Propel Venture Partners invests in psychology/ML tie-up business.
Video: check out the PayTech Awards 2018 highlights!
The inaugural PayTech Awards took place on 13 July 2018 on a luxurious Silver Sturgeon yacht in London.
API platform Tink raises €56m and expands in Europe
Now coming to countries like the UK and Spain, among others.
Banking brickbats take out NAB’s CEO and chairman
Repercussions from Australian Royal Commission’s criticisms take effect.
Unite Global partners with WOCU for centralised currency
EXCLUSIVE. An electronic currency to support its payments platform for trade and settlement.
Barclays has nod and Bink for loyalty programmes
Barclays leads an investment round of £10 million into the start-up.
The view from your desk: imagining a future without you in it
What if my starting point was not my desk?
Mansfield Bank mans up with new CSI tech
The Massachusetts-based bank upgrades its digital offer.
Emirates NBD plays matchmaker for start-ups and investors
Private banking arm sees no harm in The LaunchPad.
NatWest and RBS tap FreeAgent for SME account feeds
“A first for accounting software in the UK.”
Guilford Savings Bank selects Jack Henry’s SilverLake core system
Connecticut-based bank plans to “double or triple in size” over the next ten years.
Savings start-up Moneycado fires up for travellers
UK firm says it is building the world’s first savings account for travel.
US challenger Rising Bank rises up in Midwest
Start-up is a division of Midwest BankCentre in Missouri.
Raisin caught raising $114m for savings quest
Series D brings total amount raised to $200m.
India’s Federal Bank launches open banking platform
APIs include fund transfers, smart collections and UPI payments.
Nordea turns to Divido platform for lending push
Bank will license platform to deliver point-of-purchase finance to retail merchants.
